Arab Country Profiles

Libya

Print Email
libya-flag ablcc
  • Country name : Libya
  • Capital : Tripoli
  • Area : 1,759,540 km²
  • Population : 6,453,194 (2018)
  • Population growth rate : 1.51% (2018)
  • Life expectancy at birth : 76.7 years (2017)
  • Age structure : 0-14 years : 25.84% - 15-64 years : 69.85% - 65 years and over : 4.31%
  • Urbanisation : 78.75% (2014)
  • Labour force : 1.114 million (2016)
  • Gross Domestic Product : $33.31 billion (2017)
  • GDP – real growth rate : 55.1% (2017)
  • GDP – composition by sector : agriculture : 1.3% - industry : 63.8% - services : 34.9%
  • GDP – per capita : $9.800 (2017)
  • Natural resources : petroleum, natural gas, gypsum
  • Industries : petroleum and petrochemicals, aluminium, iron and steel, food processing, textiles, cement
  • Industrial production growth rate : 76.5% (2017)
  • Land use : arable land : 1% - permanent crops : 0.2% – other : 98.8%
  • Agricultural products : wheat, barley, olives, dates, citrus, vegetables, peanuts, soybeans, cattle
  • Exports in general : $8.78 billion (2016)
  • Exports to Belgium : $24.41 million (2017)
  • Exports – commodities : crude oil, refined petroleum products, natural gas, chemicals
  • Exports – partners : Italy (39%), Germany (14), France (9.7), China (9.6),  Spain (6.9) (2016)
  • Imports in general : $11.4 billion (2016)
  • Imports from Belgium : $105.26 million (2017)
  • Imports – commodities : machines, semi-finished goods, food, transport equipment, consumer goods
  • Imports – partners : China (17%), Italy (14), Turkey (12),  Tunisia (7.3), France (6.7) (2016)
  • Current account balance : $591 billion (2017)
  • Budget : revenues : $16.33 billion - expenditures : $22.32 billion (2017)
  • Reserves of foreign exchange & gold : $69.35 billion (31 December 2017)

Our Partners

ablcc-partners banner-off